Mr. David Stein reports

KUYA ANNOUNCES SECOND TRANCHE CLOSING OF NON-BROKERED PRIVATE PLACEMENT PURSUANT TO THE LISTED ISSUER FINANCING EXEMPTION

Kuya Silver Corp. has closed the second and final tranche of its non-brokered private placement, previously announced on July 24, 2025, and amended on Aug. 13, 2025. The company issued 2.28 million units of the company at a price of 50 cents per unit for aggregate gross proceeds of $1.14-million. Together with the first tranche, the company issued 18.14 million units for aggregate gross proceeds under the offering of $9.07-million. The offering was completed pursuant to the amendments to National Instrument 45-106, Prospectus Exemptions, set forth in Part 5A thereof, to purchasers resident in Canada, except Quebec, and such other jurisdictions outside of Canada, in compliance with applicable securities laws of those jurisdictions. The company filed a Form 45-106F19 offering document dated July 24, 2025, as amended on Aug. 13, 2025, related to the offering, which can be accessed under Kuya Silver's profile on SEDAR+ and on the company's website. Prospective investors were asked to read the offering document before making an investment decision.

Each unit consists of one common share in the capital of the company and one common share purchase warrant. Each warrant issued in the second tranche entitles the holder thereof to acquire one additional common share at an exercise price of 65 cents per common share until Aug. 20, 2028. The units issued in the offering will not be subject to any statutory hold period under applicable Canadian securities laws, subject to limitations prescribed by the limited issuer financing exemption (LIFE).

In connection with the second tranche, the company compensated finders eligible and qualified under Canadian securities laws a cash commission totalling $45,600, being up to 4.0 per cent on total proceeds received from subscribers introduced to the company by eligible finders, and issued 91,200 non-transferable common share purchase warrants, equal to up to 4.0 per cent of the total units issued to subscribers introduced to the company by eligible finders. Each finder's warrant issued in connection with the second tranche entitles the holder to acquire one common share at an exercise price of 50 cents per common share until Aug. 20, 2028. Securities issued to eligible finders are subject to a statutory hold period expiring Dec. 21, 2025, in accordance with the policies of the exchange and applicable Canadian securities laws.

The company intends to use the net proceeds from the offering for exploration and development expenses for the company's Bethania project, and for general working capital purposes, as more specifically detailed in the offering document.

Investor relations

The company also announces the continuation of its agreement with Focus Communications Investor Relations. Focus provides Kuya Silver with strategic support in capital markets advisory, corporate communications and investor engagement. Under the terms of the engagement, Focus is paid $6,000 per month. The engagement automatically renews for additional 12 months unless either party provides 30 days of written notice of termination. To the company's knowledge, Focus does not currently hold a security position in Kuya.

About Kuya Silver Corp.

Kuya Silver is a Canadian-based, growth-oriented mining company with a focus on silver. Kuya Silver operates the Bethania silver mine in Peru, while developing district-scale silver projects in mining-friendly jurisdictions, including Peru and Canada.

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